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, can ensure credible disclosure of information. The results here suggest a cautious approach to that view. Government is … government expenditures) and "conservative" (those prefering smaller expenditures) regimes and auditors evolve over time, it is …
Persistent link: https://www.econbiz.de/10014119415
concerning the central bank's commitment to a target and the sustainability of government finance affects FDI inflows. Based on a …
Persistent link: https://www.econbiz.de/10015055048
Persistent link: https://www.econbiz.de/10000566931
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This study explores a basic idea in political economy: Trading money for political influence. Our focus is at the level of international institutions, where governments may exploit their influence in one organization to gain leverage over another. In particular, we consider the lending...
Persistent link: https://www.econbiz.de/10010348627
Measuring the impact of political risk on investment projects is one of the most vexing issues in international business. One popular approach is to assume that the sovereign yield spread captures political risk and to augment the project discount rate by this spread. We show that this approach...
Persistent link: https://www.econbiz.de/10013015661
International institutions increasingly affect each other's development, maintenance and effectiveness. Research so far has merely focused on the issue of effectiveness and broader consequences. The paper argues firstly that theoretical progress could be promoted by integrating variables...
Persistent link: https://www.econbiz.de/10008905236
Can popular sovereignty and sovereign territory co-exist? Can we imagine a world in which sovereignty territory could … provide mechanisms and incentives to improve the status quo? These are not simply academic questions. Across the world, many … improve their lot by voting out their current government or by emigrating, but those are imperfect solutions and are often …
Persistent link: https://www.econbiz.de/10012904483
This paper elaborates on the emergence of so-called Advance Pricing Agreements (APA) in international taxation and corresponding APA programs in individual countries. It refers to how globalizing business processes trigger governance change on the nation state level regarding the identification...
Persistent link: https://www.econbiz.de/10012734786
Institutionen die Haushaltsplanung, die Rechenschaft und die Effizienz der Regierung beeinflussen. In allen Kapiteln werden …
Persistent link: https://www.econbiz.de/10012807266